The Fizbit

Fizbo Market Record — April 7, 2026 Compared against 182,000+ active listings nationwide, this property stands out in several ways. This single-family residence is a ranch-style home built in 1965, sitting on a 0.12-acre lot with 5227 sqft of land. The listing notes that the property needs work or could be torn down to make room for new construction, offering a solid opportunity for a buyer or investor looking for a project. Priced at $10,000, this listing ranks as one of the most affordable options in Spencer, WV. It's priced above 76% of active inventory in the city, with only 24% of listings being more expensive. This pricing strategy is aggressive compared to the city median price of $20,000, which suggests that the seller may be open to negotiations. In terms of specs, this listing ranks lower than most competitors. It has one bedroom and one bathroom, which puts it at the bottom quartile in both categories. However, its year built percentile is 75th, indicating that it's relatively newer compared to other listings in Spencer. The property's size also puts it at a disadvantage, with only 14% of competing listings having more sqft. One potential differentiator for this listing is its location. With a convenient in-town location close to local amenities, buyers may be willing to overlook the property's condition and focus on its potential for renovation or redevelopment. On the other hand, the absence of any notable features or upgrades may be a concern for some buyers. With only 4 active listings in Spencer, this market is relatively quiet. However, with an average days-on-market of just 1 day, it appears that homes are moving quickly in this area. This suggests that sellers who price their properties competitively and stage them attractively can expect to sell them quickly.